BNET Business Dictionary
Business Definition for: Human Capital Accounting
- an attempt to place a financial figure on the knowledge and skills of an organization's employees or human capital.
- Also known as Human Resource Accounting
Additional Resources
- Daniel Pink: Why Your Human Capital May Be in Jeopardy
- In today's global economy, workplace expert Daniel Pink argues that many traditionally white-collar skills are becoming commoditized. Here's why you'd better adjust quickly or see the value of your human capital plummet. In your book, you claim that traditional left-brain approaches to careers are no longer ...
- Articles 2009-06-16
- Intellectual Capital ROI: A Causal Map of Human Capital Antecedents and Consequents
- This paper describes the results of a ground-breaking research study that measured the antecedents and consequents of effective human capital management. The research sample consisted of 76 senior executives from 25 companies in the financial services industry. The results of the study yielded a holistic causal map that integrated constructs...
- White papers 2002-09-20
- Human Capital: Making Better Decisions
- From April 2005, every publicly listed company in the UK is required to report on human capital as part of its Operating and Financial Review. The UK government has committed to strengthen corporate Britain and help restore investor confidence in companies and financial markets. The Department of Trade and Industry...
- White papers 2005-03-31
- The Transformation of the Government Accountability Office: Using Human Capital to Drive Change
- The Government Accountability Office formerly the General Accounting Office has long been recognized as an organization that has evolved over the years according to shifting sets of circumstances and demand. A core part of that evolution, which continues today, has been in how it handles all aspects of staffing and...
- White papers 2005-07-01
- TMP Worldwide Executive Resourcing Expands Global Presence Through Key Acquisitions; Broadens IT and Accounting Resourcing Capabilities in US and Europe
- Business and Technology Editors NEW YORK--BUSINESS WIRE--Nov. 7, 2000 TMP Worldwide Inc., (NASDAQ: TMPW; ASX: TMP) the leading provider of human capital management and global recruitment solutions including the dominant Internet career portal, Monster.com, and one of the world's leading Executive Search and Selection firms, announced the acquisition...
- Research articles 2000-11-07
- Foreign Assistance: USAID Needs to Improve Its Workforce Planning and Operating Expense Accounting.
- GAO-03-1171T September 23, 2003 USAID oversees humanitarian and economic assistance--an integral part of the U.S. global security strategy--to more than 160 countries. GAO recommended in 1993 that USAID develop a comprehensive workforce plan; however, human capital management continues to be a high-risk area for the agency. GAO was...
- Research articles 2003-10-01
- Equinix, Inc. Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator [Operator instructions]. Our first question comes from Jonathan Schildkraut with Jefferies. Jonathan Schildkraut - Jefferies & Company Wow. Stephen M. Smith - President and Chief Executive Officer Hey Jonathan, how are you? Jonathan Schildkraut - Jefferies & Company Hi guys,...
- Earnings calls 2007-10-30
- What To Do When People Are Your Most Important Asset
- The relentless force of globalization has left only one sustainable path to profitability for firms operating in high-wage, developed nations - to compete based on superior human capital capabilities and strategies. Any benefits that were historically associated with superior technology and access to capital both physical and financial are now...
- White papers 2004-05-01
- Are Skills a Cost or an Asset?
- This article points out that conventional accounting does not encourage investment in human capital. Unlike investments in physical capital (e.g., machinery, real estate, etc.), which are considered assets, investments in human capital are accounted for as expenses (e.g., paper clips, electricity, and building maintenance). This means that companies out to...
- White papers 2004-05-01
- Long-Term Attachments and Long-Run Firm Rates of Return
- Long-term attachments between workers and firms are common. Numerous studies have examined worker returns to tenure, but little is known of firm returns to firm-worker matches. Yet these attachments represent a human capital asset quasi-held by the firm, which is not captured by traditional accounting measures of firm assets. Firms...
- White papers 2004-10-01
- Banks Need More Capital
- Global financial intermediation is broken. That intricate and interdependent system directing the world's saving into productive capital investment was severely weakened in August 2007. The disclosure that highly leveraged financial institutions were holding toxic securitised American subprime mortgages shocked market participants. For a year, banks struggled to respond to investor...
- News items 2009-08-07
- Financial Management Systems - Lack of Disciplined Processes Puts Implementation of HHS' Financial System at Risk
- In June 2001, the Secretary of HHS directed the department to establish a unified accounting system that, when fully implemented, would replace five outdated accounting systems. This report reviews HHS' ongoing effort to develop and implement the Unified Financial Management System UFMS and focuses on whether the agency has effectively...
- White papers 2004-09-01
- Easing the Pain During Financial Restatements: These Seven Lessons Can Help
- Clarifying scope on a long list of accounting areas to be restated can be a daunting and time-consuming task. Defining the underlying accounting issues and remediation efforts will spawn policy, procedure, systems development, and human capital initiatives. Entire teams and departments emerge within companies that are restating their earnings whose...
- White papers 2005-11-01
- Intangible Capital and Economic Growth
- Intangible Capital and Economic Growth; Carol Corrado, Charles Hulten and Daniel Sichel: National Bureau of Economic Research Working Paper 11948; Sept. 2006. This study provides evidence that investments in intangible knowledge capital, which includes R&D and human competency, are having a much greater impact on measures of U.S. economic...
- Research articles 2007-01-01
- Vestin Group's Subsidiary Vestin Capital to Open Office in Florida
- Business Editors LAS VEGAS--BUSINESS WIRE--Dec. 3, 2001 Vestin Group Inc. (Nasdaq:VSTN) President Lance Bradford today announced that the company's subsidiary, Vestin Capital Inc. will open an office in Boca Raton, Fla., in January. In addition, Vestin Capital has hired Faith Imbernon to head the new office. Imbernon...
- Research articles 2001-12-03
- Lessons learned from federal HR outsourcing
- Federal government managers seeking to outsource human resource functions need to understand the complexity and the requirements of the work before sending it outside the agency, according to a new report from the Government Accountability Office GAO, formerly known as the General Accounting Office. In addition, HR outsourcing contract...
- Research articles 2004-09-01
- Volunteer Work When Unemployed: Should You Work for Free?
- Laid-off executives are diving into volunteer work as a way to make new contacts, stay engaged, and eventually find paying work. But not every kind of volunteer work bestows the same benefits, and devoting too much time and energy to pro bono activities can actually hinder your search for a...
- Articles 2009-10-27
- Foreign Direct Investments In The Financial Sector
- This paper examines the impact of Financial-Sector Foreign Direct Investment FSFDI on economic growth by estimating a panel data model for 11 Central and Eastern European countries CEECs between 1994 and 2003 in a cross-country growth accounting framework. The analysis concentrates on the efficiency channel linking FSFDI to economic growth....
- White papers 2005-10-15
- ProcureStaff Completes SAS 70 Type II Audit
- NEW YORK -- ProcureStaff, Ltd., the pioneer in Human Capital Management Services, today announced the successful completion of a SAS 70 Type II audit of process controls by an independent, third-party accounting firm.
- Research articles 2006-05-10
- GAO Renamed Government Accountability Office
- United StatesIn July 2004, new legislation changed the name of the U.S. General Accounting Office to the U.S. Government Accountability Office. The well-known GAO acronym will stay the same. The legislation also gave GAO new human capital flexibilities to help it attract and retain the skilled staff needed to serve...
- Research articles 2004-10-01
